Too Long; Didn't Read
The main goal of this article is to describe the logic of how machine learning can be applied in demand forecasting both in a stable environment and in crisis. By having the prediction of customer demand in numbers, it’s possible to calculate how many products to order, making it easy for you to decide whether you need new supply chains or to reduce the number of suppliers. Demand forecasting allows you to predict which categories of products need to be purchased in the next period from a specific store location. This improves customer satisfaction and commitment to your brand.